Americans are looking to switch insurance coverage more often than before after a rise in premiums put a strain on household budgets, a new industry report shows. According to LexisNexis Risk Solutions, an insurance data clearinghouse with access to more than 95% of the auto insurance market, so-called policy shopping rates – essentially the share […]
When Jim Georgatos and his wife purchased their home in Coral Gables, FL, in 1989, they were required to carry homeowners insurance as part of their mortgage. And because Coral Gables has been prone to hurricanes and other wind events in the past, Georgatos also had to purchase separate windstorm insurance. When Georgatos paid off […]
This year’s hurricane season is set to be one of the most violent in history, and recent news of a house collapsing in North Carolina due to waves from Hurricane Ernesto paints a frightening picture of what these storms can do. With three months to go before hurricane season ends in November, we’re facing more […]
We recently published an article titled Home insurance premiums skyrocket: The 10 best stocks to buyIn this article, we will look at how Allstate Corporation (NYSE:ALL) compares to other home insurance stocks. Insurance is one of Warren Buffett’s favorite businesses. So much so, insurance is the largest single revenue generator for Buffett’s company, Berkshire Hathaway. […]
